Process Improvement Profit:
Non-technology improvement benefits enable The Lab's self-funding guarantee

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Process Improvement Profit

Although each project is unique, the following improvement benefits and performance guarantees are representative of The Lab's Class I, self-funding, non-technology initiatives:
Deliver 3–5X more hard dollar benefits, faster

Unlike other consulting firms, The Lab focuses exclusively on non-technology improvements because that's where the richest benefits are overlooked. Based on our experience with dozens of Fortune 500 companies, The Lab offers your organization and internal teams five major advantages over "go it alone" internal efforts or other consultants.

  1. More non-technology improvements - The Lab documents four to ten times more non-technology improvements and benefits as internal teams, traditional consultancies, or technology specialists.

  2. Self-funding guarantee - The Lab's methodology ensures near-term, "hard dollar" financial benefits, sufficient to pay the costs of implementation - or your money back. Our checkpoints reduce risk for clients. Click here to review The Lab's guarantees and checkpoints

  3. Increased speed - The Lab's lean improvement templates and tools deliver activity-level improvements in a fraction of the time (one-third or less) required by internal teams or traditional consultancies.

    • Analysis - 8 weeks or less
    • Implementation - 6 months or less
  4. Lower costs - The Lab's fees represent a substantial savings from conventional consultants - and we can transfer tasks to internal teams to reduce costs even more.

  5. Fixed pricing - The Lab takes the guesswork out of budgeting and avoids cost overruns by performing each step in the improvement process for a fixed fee
    (based on our labor) that includes all expenses, including travel. Click here to see how The Lab tracks self-funding implementation milestones

Prior to The Lab, there was no guaranteed, reliable and cost-effective way to capture the immense, untapped value of non-technology improvement. Now The Lab's improvement templates help you capitalize on the most valuable aspect of non-technology improvements: recurring similarities.

Learn how templates can help you improve

 

The Lab's fixed-price proposals, checkpoints, and self-funding money-back guarantees reduce risk for clients

Launch your project in
2 weeks or less

The Lab's Self-funding Guarantees

  • Phase I: Analysis & Design...

    Near-term, non-technology improvements and financial benefits which will exceed the Phase I fees and expenses. The Lab and client staff will jointly agree upon a set of near-term improvements which can be implemented by client staff members, after the Phase I effort, without further assistance from The Lab.

  • Phase II: Implementation...

    If an improvement program we implement fails to deliver savings at least equal to our fees in the first year, The Lab will continue working without charge until it does or refund the difference.

  • Fixed-price, All-inclusive Proposals

    The Lab's proposals are based on our costs and include all travel and document production expense–no additional charges; no expense vouchers to review.

  • Two-week Checkpoint

    During the first two weeks, clients may cancel the effort for any reason and receive a full refund.

  • Self-funding Validation Point

    If The Lab discovers that a self-funding improvement opportunity is unlikely to be developed, we will notify clients prior to the end of week number three, and a full refund will be issued.
Self-funding Guarantee:
Multiple checkpoints and performance guarantees minimize client risk
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